SONOCO PRODUCTS CO awarded director Boyd Steven L 124 derivative securities at $48.43 per share on Sep 10. The award lifted his derivative securities holding to 11,246, with the transaction equal to about 1.1% of the resulting position, giving investors the disclosed scale of the director’s award.

Key Highlights

  • SEC transaction code A classified Boyd Steven L’s transaction as an award or grant.
  • Boyd Steven L held 11,246 derivative securities after the transaction.
  • The award represented about 1.1% of the resulting derivative securities holding.

SONOCO PRODUCTS CO (NYSE: SON) awarded director Boyd Steven L 124 derivative securities at $48.43 per share on Sep 10.

Award Classified Under Transaction Code A

Boyd Steven L was identified in the transaction as a director of Sonoco Products. The disclosed price was assigned on a per-share basis to the derivative securities awarded in the transaction.

Resulting Holding Reaches 11,246 Derivative Securities

Boyd Steven L’s derivative securities holding stood at 11,246 after the award. The transaction represented about 1.1% of that resulting position. For investors tracking SON, the percentage is the stated comparison between the award and the director’s post-transaction derivative-securities holding. The disclosed position concerns derivative securities. The figures describe the award’s relative size within the director’s reported Derivatives position.